Savings in travel time are still one of the most important benefits attributable to transport improvements. 'On average, 80% of the quantified benefits from a typical trunk road scheme are derived from time savings'. The value of travel time is the rate at which travellers are willing to substitute increased out-of-pocket costs for reductions in travel time and vice versa. The following topics are discussed: Length of time saving; Evidence on small time savings; Savings in working time; Criteria of choice; Methodology of survey design; and Time values and wage rates.


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    Titel :

    Valuing Savings in Travel Time


    Beteiligte:
    I. G. Heggie (Autor:in)

    Erscheinungsdatum :

    1979


    Format / Umfang :

    17 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch





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